Omoda Gap Insurance
Buy 5* Rated Omoda Gap Insurance With A 30 Day Money Back Guarantee
Bridging the gap between affordability and luxury, Omoda have rapidly become one of Britain's first-choice car brands, especially for drivers looking for cutting-edge design, modern technology and safety, all wrapped up in an EV SUV. Despite their popularity, Omoda, like most cars, will lose significant value, thanks to depreciation.
If your Omoda is written off, your insurer will pay the current market value, not the amount you paid or still owe, meaning you could be left out of pocket, often by thousands of pounds.
With specialist Omoda Gap Insurance from Direct Gap you're protected. We'll pay the difference between your insurer's final settlement figure and the amount outstanding, so you don't have to.
Get a 5* Feefo-rated Gap Insurance quote online today and join thousands of happy customers driving with total peace of mind.
Why choose Direct Gap to protect your Omoda?
Why Do I Need To Protect My Omoda With Gap Insurance?
Typically, Omadas, like most cars, will lose around 50% of their value within the first three years of ownership (whether you buy new or used). As some Omoda models retail for over £40,000, that means yours could be set to lose up to £20,000, thanks to depreciation. If your car is written off (or declared a total loss) your insurer will pay the amount the car is worth at the time, not the amount you paid or still owe, leaving you to cover that difference.
With a car being declared a total loss every 90 seconds in the UK, it’s no surprise that a growing number of drivers are choosing to protect themselves with Direct Gap.
Tailored Omoda Gap Insurance from Direct Gap pays the difference between your insurance payout and the amount you still owe. We're committed to settling your claim within 10 days, covering all named drivers and no claim limits on vehicles up to £50K. Is it time you protected your Omoda and yourself?
For further information, check out our detailed guide to gap insurance.
Get an Omoda Gap Insurance quote today.
How does Omoda Gap Insurance work?
If you buy a Omoda for £40,000, it will depreciate over the time that you own it. Let’s say that a few years later, your car is stolen or written off – but by this point, its value has dropped to £25,000.
Your motor insurer will pay out in line with that value, which means you’ve lost out by £15,000. With Omoda gap insurance, you are covered for that difference between its purchase price and its value when it was declared a total loss.
Get an Omoda Gap Insurance quote today.
Omoda Gap Insurance Reviews
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Additional cover for your Omoda
It’s not only Omoda Gap Insurance that we offer. We can also provide protection for specific elements of your pride and joy, such as the bodywork, tyres and wheels.
Omoda Gap Insurance Calculator
Only £ would be covered by your comprehensive car insurance leaving a gap of £.
Omoda: FAQs, Statistics & General Information
Omoda Depreciation
Like most car brands on the market, Omodas will lose value over time, typically depreciating between 15-35% in year one, to 50% within three years of ownership (usually, regardless of whether you buy new or used).
Try our free Car Depreciation Calculator for more information on model-specific depreciation and to estimate the value your Omoda could lose.
Gap Insurance Payout Examples
BMW 320 D
Our BMW gap insurance policy paid out £4,558 to a customer who initially bought their BMW 320D for £20,000. Following a total loss, their motor insurer offered a settlement figure of just £15,442; we covered the difference.
Ford Kuga
Our Ford gap insurance policy paid out £14,565 to a customer who initially bought their Ford Kuga for £36,168. Following a total loss, their motor insurer offered a settlement figure of just £22,053; we covered the difference.
Dacia Sandero Stepaway
Our customer wrote their Dacia Sandero Stepaway off and received a final settlement from their insurer of £15,390. This was much lower than their original purchase price of £18,644, following a 17% depreciation.
We paid the difference of £3,565 thanks to their Gap Insurance policy.
Audi Q2
Our customer bought their Audi Q2 for £30,245, which depreciated at a rate of 13%. When it was written off, their motor insurer paid a final settlement of £26,297.
With an Audi Gap Insurance policy, we covered the difference of £3,823.
What Types Of Gap Insurance Are Suitable For Omoda
There are three common types of GAP Insurance available for most cars, including Omoda. Which is most suitable typically depends on your finance type, car ownership status and individual cover needs.
The main types of Omoda Gap Insurance we provide are:
- Lease & Contract Hire Gap Insurance: Lease & Contract Hire Gap Insurance pays the difference between your motor insurance settlement figure and the amount outstanding on your lease finance balance. This policy is suitable for lease or 'PCH' cars only.
- Return To Invoice Gap Insurance: Return To Invoice, or 'RTI' as it's also known, pays the difference between your motor insurance settlement figure and the original invoice price of your vehicle.
- Vehicle Replacement: Vehicle Replacement Insurance, or 'VRI' covers the difference between your motor insurance settlement and the cost of replacing your vehicle.